RESIDENCE & CITIZENSHIP BY INVESTMENT
Discover where and how you can take the fastest path to second citizenship in the world.
Residency and citizenship by investment (RCBI) programs are designed to aid high-net-worth individuals in immigrating to a country by investing in government-approved industries.
What Is Citizenship by Investment?
Also known as “economic citizenship”, CBI is, to some extent, an exclusive means of acquiring second citizenship of a country you may have had no connection with beforehand. It is a legal process, entrenched in legislation, whereby an applicant is awarded citizenship in return for a significant investment into a nation’s economy.
This can be accomplished through different types of established investment options including real estate, government bonds, establishing a business, development funds, etc.
Investment options and required investment sums vary greatly depending on the program and the type of investment. Citizenship by investment programs help obtain citizenship faster than traditional immigration processes.
Residence & Citizenship by Investment Schemes
While residence and citizenship by investment (CBI/RBI) schemes allow individuals to obtain citizenship or residence rights through local investments or against a flat fee for perfectly legitimate reasons, they can also be potentially misused to hide their assets offshore by escaping reporting under the OECD/G20 Common Reporting Standard (CRS). In particular, Identity Cards and other documentation obtained through CBI/RBI schemes can potentially be misused abuse to misrepresent an individual’s jurisdiction(s) of tax residence and to endanger the proper operation of the CRS due diligence procedures.
Potentially high-risk CBI/RBI schemes are those that give access to a low personal income tax rate on offshore financial assets and do not require an individual to spend a significant amount of time in the location offering the scheme.
Citizenship by investment is a means to secure a second citizenship and passport in another country by investing in its economy.
This can be accomplished through different types of established investment options including real estate, government bonds, establishing a business, development funds, etc.
Investment options and required investment sums vary greatly depending on the program and the type of investment. Citizenship by investment programs help obtain citizenship faster than traditional immigration processes.
How to get the most out of It?
There are several key ways to get the most out of your citizenship by investment
First, it’s important to clearly define and prioritize your goals. Some of the common motivations include mobility, finances, business opportunities, education, and lifestyle.
It’s also important to determine how much capital you are willing and able to invest, whether you’re willing to reside in a different country, and the type of investment you’d like to make.
Once you’ve determined all of these factors, you can select a program that will be most aligned to your requirements and goals. Proper planning and research, paired with a skilled advisor is the best way to get the most out of citizenship by investment
